99 SBA loans worth $32.9M went to businesses in Valparaiso, IN between October 2021 and June 2026, from 24 lenders. Centier Bank made the most, 29 loans. The median loan was $180,000, compared with $171,000 across Indiana, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Centier Bank Bank · Whiting, IN | 29 | $8.1M | $122,800 | 38% |
| 2 | 1st Source Bank Bank · South Bend, IN | 23 | $5.2M | $100,000 | 39% |
| 3 | Regional Development Certified development company · Valparaiso, IN | 13 | $7.3M | $412,000 | 15% |
| 4 | JPMorgan Chase Bank Bank · Columbus, OH | 5 | $984K | $209,700 | 20% |
| 5 | Huntington National Bank Bank · Columbus, OH | 4 | $1.9M | $232,500 | 25% |
| 6 | Horizon Bank Bank · Michigan City, IN | 3 | $648K | $250,000 | 33% |
| 7 | BayFirst National Bank Bank · St. Petersburg, FL | 3 | $369K | $150,000 | 0% |
| 8 | Fifth Third Bank Bank · Cincinnati, OH | 2 | $1.8M | $892,500 | 0% |
| 9 | First Merchants Bank Bank · Muncie, IN | 2 | $1.3M | $650,250 | 0% |
| 10 | American Community Bank of Indiana Bank · St. John, IN | 1 | $1.0M | $1,000,000 | 0% |
| 11 | Evolve Bank and Trust Bank · West Memphis, AR | 1 | $987K | $986,700 | 100% |
| 12 | Business Development Corporation (BDC) Certified development company · South Bend, IN | 1 | $691K | $691,000 | 0% |
| 13 | U.S. Bank Bank · Cincinnati, OH | 1 | $500K | $500,000 | 100% |
| 14 | Small Business Growth Certified development company · Springfield, IL | 1 | $317K | $317,000 | 0% |
| 15 | Midland States Bank Bank · Effingham, IL | 1 | $300K | $300,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 18 | $190,000 | 1st Source Bank | |
| Restaurants and hotels | 11 | $249,800 | 1st Source Bank | |
| Other services (repair, personal care) | 11 | $143,000 | Regional Development | |
| Retail | 11 | $342,000 | Centier Bank | |
| Health care and social assistance | 9 | $89,000 | 1st Source Bank | |
| Manufacturing | 7 | $30,000 | 1st Source Bank | |
| Arts, entertainment and recreation | 7 | $350,000 | Centier Bank | |
| Professional and technical services | 6 | $211,950 | 1st Source Bank |